US closes mixed as Powell urges caution on rate cuts - Breaking The News
Download our appPlay StoreApp Store

US closes mixed as Powell urges caution on rate cuts

EPA-EFE/JUSTIN LANE

Stock exchanges on Wall Street finished Tuesday's session mixed as investors digested Federal Reserve Chair Jerome Powell's testimony before the Senate Banking Committee, where he emphasized that the central bank should not rush to adjust its monetary policy.

After the closing bell, America's largest corporations will unveil earnings results, including Lyft, DoorDash, and American International Group (AIG).

The Dow Jones Industrial Average rose 0.28% as Coca Cola Company gained 4.73%. The Nasdaq 100 lost 0.29% with Tesla Inc. falling 6.34%. The S&P 500 stood flat.

The euro climbed 0.55% against the dollar, changing hands for 1.03632.

Related Stocks
EUR/USD
baha us 500
baha us 30
baha us tech
Related News
US sinks deeper in premarket, Dow dips 300 pts
Stock markets in Wall Street continued to lose ground on Monday's premarket session with the Dow Jones Industrial Average dropping more than 300 points after US President Donald Trump said his upcoming tariffs would cover "all countries," raising concerns that an international trade conflict could trigger an economic downturn.Further, Trump plans to reveal reciprocal tariffs on April 2, followed by automotive tariffs taking effect on April 3. During his Sunday...
US lower premarket with tariffs in focus
Major Wall Street stock markets traded lower during premarket hours on Monday as investors anticipated United States President Donald Trump's sweeping tariffs, including reciprocal tariffs on all countries and a 25% tariff on imported cars, which are set to be imposed on Wednesday. Trump's Senior Counselor for Trade and Manufacturing, Peter Navarro, said yesterday that the incoming tariffs will raise about $700 billion per year, but European Central Bank (ECB)...
US lower at close amid unfolding trade war
Major stock exchanges in the United States traded deep in red territory at the closing bell on Friday, ending a turbulent week of trading dominated by tariffs. Investors assessed the impact of the unfolding trade confrontation on the global economy while keeping a close eye on geopolitical developments in Ukraine and the Middle East.Today also saw CoreWeave's debut on the New York Stock Exchange, opening at $39 per share, slightly below the initial IPO of $40.The...
US sinks deeper, Dow dives over 720 points
Major stock markets in the United States sank further on Friday amid persistent investor worry about the incoming tariffs and the economic uncertainty from the unfolding trade war. Additionally, the latest consumer confidence report further contributed to the bleak mood.The Dow Jones plunged 1.7% or 721 points at 1:06 pm ET while the Nasdaq 100 nosedived 2.57%. The S&P 500 fell 1.97% at the same minute.Meanwhile, the euro was 0.18% stronger against...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.